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David Swanson talks about how Nortridge Software grows with your company
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First Associates Loan Servicing, LLC Announces Integrated Back-up Servicing for Solar Companies
First Associates Loan Servicing, one of the country's fastest growing consumer loan/lease servicers, announces integrated Back-up Servicing for solar portfolios. This break-through package provides both nationwide Operations & Maintenance and Loan/Lease Servicing.
"First Associates has become a key partner for many solar companies by innovating within the space and providing a breadth and quality of service that didn't exist in the industry," said David Johnson, CEO of First Associates Loan Servicing. "Our integrated Back-up Servicing allows Solar Companies to more effectively raise investment funds by addressing a key concern of both rating agencies and institutional investors."
(read more)
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Upcoming Events
Plan to stop by our space at the exhibit hall
NAF Association 17th Annual Non-Prime Auto Financing Conference
June 5-7, 2013
Fort Worth, Texas
Auto Finance Summit
October 14-16, 2013
Las Vegas
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 Ready to Grow?
Once you've got the right people on your team, the best technology at your fingertips, and the will to work hard, you're ready to grow your business. And Nortridge is designed to grow with you.
The Nortridge Loan System allows you to both improve your current business while expanding into new market areas. Besides improving the profitability of your current loan origination and servicing operations, our loan servicing system can reveal hidden opportunities to expand your business. In fact, we've had customers successfully move from one line of business into more profitable areas as regulatory and market conditions changed.
We hope this issue provides advice and inspiration to help you grow your business. If you have questions about any of this information, please feel free to connect with me.
Thank you,
Greg Hindson
President, Nortridge Software
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Five Reasons to Evolve Your Loan Servicing Business
By Tom Kennedy
Thinking about a new way of doing business is often the most challenging exercise that a business owner can face. In particular, leaders of financial services firms such as lenders and loan servicers tend to trust methods that have worked in the past and are reluctant to alter internal processes even as growth beckons.
Although there are more, read on to learn five reasons why a loan servicer should re-examine how they do business today and why they should consider investing in technology to propel their business forward.
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 10 Ways to Grow Your Business
Excerpt from Entrepreneur.com:
Looking to take your business to the next level? Then check out these 10 practical ways to expand your business.
When you first started your business, you probably did a lot of research. You may have sought help from advisors; you may have gotten information from books, magazines and other readily available sources. You invested a lot-in terms of money, time and sweat equity-to get your business off the ground. So...now what?
For those of you who have survived startup and built successful businesses, you may be wondering how to take the next step and grow your business beyond its current status. There are numerous possibilities, 10 of which we'll outline here. Choosing the proper one (or ones) for your business will depend on the type of business you own, your available resources, and how much money, time and sweat equity you're willing to invest all over again. If you're ready to grow, we're ready to help.
Read more...
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Break Out by Breaking the Mold
By Kim Stempel
As mentioned in the Entrepreneur Magazine article, "10 Ways to Grow Your Business," taking your business to the next level may require you to diversify and target other markets.
The Nortridge Loan System (NLS) is ideal for financial services companies looking to elevate to that next level. In fact, we have had many customers add additional loan products to their portfolio. Recently, a lender for the timeshare industry decided they were going to expand and offer servicing and collections to other lenders. They are now providing servicing for an auto finance company and are seeking more servicing opportunities. Another customer, an indirect auto lender, entered the direct and title loan markets. And other NLS users have diversified into other loan products.
How easily is this done?
Read more...
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